Investments Sales Management

Contemporary

1345 W YORK STREET

PHILADELPHIA , PA 19132

MLS#: PAPH2587818

$599,000

Status: Active
Listing number: PAPH2587818
Listing provided by: Houwzer, LLC
Listing agent phone: None
Last update: 5 hours ago
New on site 1 day ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

2022

Sq.Footage

3,000

Welcome to this exceptional new construction duplex built in 2023, offering strong cash flow for Investors and long-term upside for Home Buyer. Featuring two expansive 3-bedroom, 3-bathroom units, this property is ideal for both savvy investors and end-users looking to offset their mortgage with rental income. Property Layout: Master Unit (Floors 2 & 3): Spacious 3 Bed / 3 Bath duplex with modern finishes and generous living space JR Unit (Floors 1 & B): 3 Bed / 3 Bath duplex offering a functional layout and private living quarters. Investment Highlights: Current Rental Income: $3,700 per month, Tenants in place for 3+ years, 10-Year Tax Abatement – Significant savings and increased ROI, Projected 13% Cash-on-Cash Return with 75% leverage at 6% interest, Strong long-term cash flow opportunity, This is a turnkey investment with stable tenants and predictable income from day one. Perfect for an End User: Live comfortably in the spacious Master unit while renting out the JR unit to help cover your mortgage. An ideal house-hacking opportunity in a modern, low-maintenance building.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3000.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Aluminum Siding

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $599,000

  • Tax Amount

    $594

  • Sq. Footage

    3, 000

  • Price/SqFt

    $199

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    131

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Patricia Gesswein , Houwzer, LLC

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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Welcome to this exceptional new construction duplex built in 2023, offering strong cash flow for Investors and long-term upside for Home Buyer. Featuring two expansive 3-bedroom, 3-bathroom units, this property is ideal for both savvy investors and end-users looking to offset their mortgage with rental income. Property Layout: Master Unit (Floors 2 & 3): Spacious 3 Bed / 3 Bath duplex with modern finishes and generous living space JR Unit (Floors 1 & B): 3 Bed / 3 Bath duplex offering a functional layout and private living quarters. Investment Highlights: Current Rental Income: $3,700 per month, Tenants in place for 3+ years, 10-Year Tax Abatement – Significant savings and increased ROI, Projected 13% Cash-on-Cash Return with 75% leverage at 6% interest, Strong long-term cash flow opportunity, This is a turnkey investment with stable tenants and predictable income from day one. Perfect for an End User: Live comfortably in the spacious Master unit while renting out the JR unit to help cover your mortgage. An ideal house-hacking opportunity in a modern, low-maintenance building.

1345 W YORK STREET

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